Greece Doubles Estimate of 2013 Budget Surplus

“ATHENS—Greece’s government submitted its 2014 budget to Parliament Thursday, despite not having reached a deal with international budget inspectors over further cutbacks needed for next year.

But the spending plan also shows a more robust primary surplus than previously expected for this year—Greece’s first in a decade–strengthening Athens’s hand in what has become a game of high-stakes negotiation for the Greek government with its creditors…”